Tesla snatches the 5th spot from Facebook on the list of Wall Street’s most valuable companies

Tesla Inc (NASDAQ: TSLA) shares jumped to a record high on Thursday in heavy trading that pushed the electric car manufacturer’s market capitalisation above Facebook. It’s the first time in history that Tesla is worth more than Facebook. The Palo Alto-based company now has the fifth spot in the list of Wall Street’s most valuable companies, behind Alphabet Inc, Microsoft, Amazon, and Apple. Tesla’s stock jumps to a record high of £614.79 per share Closing the regular session at £601.27 per share on Thursday, Tesla continued the rally and touched £614.79 per share in after-hours trading. The clean energy company